Russian govt to be empowered to decide separately on investment of welfare fund resources

MOSCOW, December 17, 23:11 /ITAR-TASS/. The Russian government will be empowered to take separate decisions on investment of the resources from the National Welfare Fund in securities, Russian Finance Minister Anton Siluanov told reporters on Tuesday.

“The Finance Ministry has prepared a draft resolution to grant the right to the government to invest the resources from the National Welfare Fund in the securities under its separate decisions,” the minister said. He said with hope that “the Russian government will consider these draft documents within a few days.